Ann: Africa Down Under 2023 Corporate Presentation, page-56

Hi,

I just came across an announcement by Lithium Plus Minerals. It appears not to be unusual to have a weathered zone of 50-100m on top where Lithium grades have deteriorated. Looking at the announcement, below the weathered zone is rather substantial Lithium mineralisation.




Not saying that the same is the case for our Namibian licenses, but the potential is definitely there.

In short we need to get the diamond drill into these huge pegmatites to assess the true potential in Namibia.

Hopefully Gino can soon provide us an update on access to the diamond drill rig and additions to our Namibian land holding.

It clearly takes some time, but if we get some visible spodumene below the weathered zone AS2 with a market cap of only $20Mill can explode.

Let's see where we are at the end of the year.

On a side note, I hope that the separation of our copper and REE assets will be postponed until market conditions have improved (Better commodity prices, lower interest environment, better Chinese economy). Currently shares of explorers and miners are somewhat depressed.

K